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Manufacturing

MU noted for energy efficiency

The University of Missouri has been recognized by the U.S Environmental Protection Agency for using a variety of alternative energy sources to power its campus. MU was one of three universities ... Read More

Boeing gets $1.5B air force contract

Boeing Co. has received a $1.53 billion U.S. Air Force contract for eight C-17 transport planes, the Pentagon said on Tuesday in a daily list of contract awards. It said $734 ... Read More

Ford taps Toshiba to make motors for hybrid

Toshiba said on June 23 it will build electric motors for a new Ford hybrid vehicles at its plant in the United States. The company, already building motors for bullet trains, ... Read More

Caterpillar’s global sales jump

Caterpillar Inc. said Friday that its machine sales worldwide jumped 11 percent in May compared with a year ago as a rebound in North American and Asian business markets helped offset ... Read More

Caterpillar, Navistar near $586M deal with Chinese automaker Jianghuai

Caterpillar Inc. and Navistar International Corp. are finalising a 4 billion yuan ($586 million) truck and engine manufacturing tie-up with China’s Jianghuai Auto, a source with direct knowledge of the deal ... Read More

Pioneer Power to enter wind turbine market

Most of the assets of AAER Inc., a Quebec-based company that once aspired to establish itself as a wind turbine manufacturer but ended up in bankruptcy court, are being sold to ... Read More

Caterpillar to buy Electro-Motive Diesel

Caterpillar Inc. agreed to buy a U.S. maker of railroad locomotives on Tuesday for $820 million in cash, expanding its rail business from service into new engine manufacturing. The world’s largest ... Read More

Magna plans electric-car battery plants in U.S., EU

Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More

Boeing discount wins jetmaker $5.4 billion Navy Super Hornet contract

Boeing Co. won a long-sought decision by the Navy to keep buying its F/A-18 Super Hornet for several years after the company knocked 10% off the fighter jet’s price, saving the ... Read More

Samsung to spend $20 billion on green energy, health

Samsung said on May 11 that it plans to invest $20 billion in healthcare and green energy until 2020 in a move it says could provide thousands of new jobs. Among ... Read More